President Nana Addo Akufo-Addo was on Monday presented with an honorary Doctorate degree from the University of Sorbonne in Paris, France - one of the most prestigious universities in Europe and the world. Sorbonne University conferred the award on President Akufo-Addo in recognition of his commitment to entrenching the values...
All branches of the Palace and China Malls in Accra have shut down operations after they got a hint that the Ghana Revenue Authority (GRA) was on the way to close down their businesses for flouting the electronic VAT directive. A media team led by officials of the GRA which...
For a fourth consecutive time business confidence, as measured by the central bank’s latest confidence survey, has declined on the back of concerns about price pressures, currency depreciation and weakening consumer demand. This largely signals a negative outlook on the growth prospects of businesses on the back of existing economic...
Deputy Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, says the Ghanaian Small and Medium Enterprises (SMEs) sector is the solution to the economy’s sustainability. With over 90 percent of businesses in the country being SMEs and contributing, collectively, at least 70 percent of the GDP, Ms. Amoah...
In order to advance and strengthen cooperation between the two nations in the oil and gas industry, the Ghana National Petroleum Corporation (GNPC-Ghana) and the Gambia National Petroleum Corporation (GNPC-Gambia) have renewed their Memorandum of Understanding (MOU), which was initially signed in 2019. The new MoU extends cooperation between the...
calls for premium through value addition The Ghana India Trade Advisory Chamber (GITAC) has expressed concern over the lack of value addition through processing of the increasing cashew nut exports from Ghana to India. The Chamber’s president, Dominic Oduro-Antwi, told the B&FT that though cashew constitutes almost 80 percent of...
The forward-thinking, proactive posture and actions of the primary financial sector regulator - the Bank of Ghana (BoG) - guarantees the nation will be at the forefront of the Fourth Industrial and digital financial revolutions on the continent, Chief Executive Officer (CEO) of AZA Finance, Elizabeth Rossiello, has suggested. Over...
Continuous rating downgrades could dampen investors’ appetite for Ghana and further tighten access to credit for businesses, economist and president of Africa Investment Group Dr. Sam Ankrah has said. The country’s credit situation has been a source of concern for businesses for some time, particularly issues concerning cost and availability....
The Managing Director of Ghana Water Company Limited (GWCL), Mr. Clifford Braimah, has disclosed that about 50 percent of water treated by the company is wasted due to the impact of illegal mining activities, popularly known as galamsey. He said, for instance, that in the years gone by only five...
The Chief Executive of Stanbic Bank, Kwamina Asomaning, visited some clients at the central business district to learn more about their businesses, solicit feedback and appreciate these customers for their loyalty as part of the global Service Week celebrations. Mr. Asomaning, accompanied by a team from the Tudu branch of...